(no subject)
Feb. 28th, 2022 12:19 pmJavier Blas:
BREAKING: And wow!!! After BP, the deluge. Shell announces it's exiting all its joint-ventures with Gazprom, including its 27.5% stake in the Sakhalin-2 LNG facility. Shell carries those JV at $3 billion valuation on its books, and it's warning of impartments #Ukraine
With BP and Shell leaving the country, I don't see how others can stay: the pressure on Exxon, Total and oil traders like Trafigura and Vitol (and Glencore in metals) is going to increase massively. #Ukraine
LONDON (AP) — FIFA and UEFA suspend Russia from international soccer.
— Zeke Miller (@ZekeJMiller) February 28, 2022